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against that backdrop, few would have bet on us. few would have bet on the new jersey. leading the way to restore people's believe that government could accomplish things for them. here we are. three years later and look at all of those things some called it impossible in this town that we have made a reality. a real 2% property-tax cap, interest arbitration reform, pension and health benefit reform, teacher tenure perform, higher education restructuring resulting in rutgers now being in the top 25 in research dollars in the administration -- in the country and a new member of the big ten. new capital investment in our universities for the first time in 25 years, a contract in newark that finally acknowledges merit pay. three years ago, and national reputation for corruption and the vision and waste. today, a national model hope for reform at bipartisanship and leadership. that is today's new jersey. [applause] ba now -- that's reviewed this new reality specifically, specifically. to remind our constituents and ourselves how far we have come. add to resolve never, ever
against that backdrop, few would have bet on us. few would have bet on the new jersey. leading the way to restore people's believe that government could accomplish things for them. here we are. three years later and look at all of those things some called it impossible in this town that we have made a reality. a real 2% property-tax cap, interest arbitration reform, pension and health benefit reform, teacher tenure perform, higher education restructuring resulting in rutgers now being in the...
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the digitization and instrumentation of the world using the combination of the mobile devices and i bet everyone in this room has a mobile device and if i went to grab it from you, you would think i was stealing the most important thing that you have. i'm not going to do it. they act in ways that really make a lot of sense. if we take one of those areas that we mentioned, milwaukee, and the example you gave was in some of the less democracy parts of the world where democracy is in short supply and technology can provide a check and balance and a product for accountability, what about the mature democracies. we just had an election in this country. did that teach any lessons, were there any technology lessons to be drawn from this year's election? >> it's always hard to reason from one event. the winners get to write history and the losers sort of think about the next election. there is no connection that the obama campaign, because i was part of it, had a technology that helped elect the president. it was cloud computing, servers and targeted programs and get out the vote. so that is to
the digitization and instrumentation of the world using the combination of the mobile devices and i bet everyone in this room has a mobile device and if i went to grab it from you, you would think i was stealing the most important thing that you have. i'm not going to do it. they act in ways that really make a lot of sense. if we take one of those areas that we mentioned, milwaukee, and the example you gave was in some of the less democracy parts of the world where democracy is in short supply...
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tie bet existing. that's a sore subject. you have crushed britannica. you destroyed it. they no longer print. >> all right. >> stephen: how am i supposed to press my floarl rarngments. do you know how hard it is to dry a calla lily between two ipads? what is the next thing? what is the future of wikipedia? >> well, one of the things we're focused on is growth in the developing world. the other thing is we have a travel site that is opening up soon. we'll see how it goes. >> stephen: wikitravel? >> it's not wikitravel it's wikivoyager. >> stephen: you travel some place and said i love the atmosphere, try the win. >> exactly. [ laughter ] >> stephen: i'd good to that. [ laughter ] will you have a business model for that? >> no. >> stephen: why won't you take advertising? it's so easy. product placement. under marie antoine net's let them eat kate entry have an ad. think about it. >> i'll think about it. >> stephen: thank you so much, jimmy. wikipedia founder jimmyuh/g)l
tie bet existing. that's a sore subject. you have crushed britannica. you destroyed it. they no longer print. >> all right. >> stephen: how am i supposed to press my floarl rarngments. do you know how hard it is to dry a calla lily between two ipads? what is the next thing? what is the future of wikipedia? >> well, one of the things we're focused on is growth in the developing world. the other thing is we have a travel site that is opening up soon. we'll see how it goes....
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you bet. is it perfect, no way, but at the end of the day if you're an airline and you're waiting for this plane maybe two or three years down the road. if you're confident that everything will be worked out by then. you're not changing your plans on keeping that order. >> jason, what's ahead for these stocks if these incidents continue, and i want to ask you about the layoffs part of the story. we talked a lot about the defense industry at the end of last year ahead of the fiscal cliff, but now we've got a delay on the sequestration. are you still expecting layoffs from the defense industry? >> yes. first, what's ahead for the stock here? clearly this -- these headlines are going to gate any kind of multiple expansion we would see on the stock. i think the earnings stream will be growing here over the next several years so there's potential growth here in the stock itself, but the multiple valuation on this stock is going to be gated until we get some more results on what exactly has been the
you bet. is it perfect, no way, but at the end of the day if you're an airline and you're waiting for this plane maybe two or three years down the road. if you're confident that everything will be worked out by then. you're not changing your plans on keeping that order. >> jason, what's ahead for these stocks if these incidents continue, and i want to ask you about the layoffs part of the story. we talked a lot about the defense industry at the end of last year ahead of the fiscal cliff,...
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percent since two thousand and nine and i guess he's suggesting that's intentional and therefore all bets are off and you know this was exactly during the great depression what happened is that everybody started to beggar thy neighbor and then what happened after that the hot war right or even more recently you had the plaza accords of the early one nine hundred eighty s. again. at involving the japanese yen this was to set the stage for the twenty five year bull market that followed but we're at the end of that downer entered a new phase because of the distortions that were to follow the plaza corridor have created this behave with of fraud that is now guiding the global economy requiring yet another global conflict which would this juncture mean devaluation for everybody against gold. now you mention the possible hot war between japan and china and of course that was the sort of alignment that happened during world war two and it does look indeed like it's setting up for that sort of inevitable hot war chinese think tank conflict in the middle between japan and china over some coffee th
percent since two thousand and nine and i guess he's suggesting that's intentional and therefore all bets are off and you know this was exactly during the great depression what happened is that everybody started to beggar thy neighbor and then what happened after that the hot war right or even more recently you had the plaza accords of the early one nine hundred eighty s. again. at involving the japanese yen this was to set the stage for the twenty five year bull market that followed but we're...
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. >> you bet. banks last year had almost $10 trillion in assets. some people say it's unfair. they are only paying 3.3 billion out on this. at the end of the day the office of the comp control irand they are the regulators who put this deal together. they say our new course of action will get more money to more people more quickly and speed recovery in the nation's housing markets. >> shepard: these banks are worth trillions. for them it might be a decent dial. a separate deal with bank of america and fannie mae today, right? >> bank of america has been in a wig fight with the feds over old loans that were done by country wide financial. they are settling for $11.6 billion instead of repurchasing the loans. >> shepard: 11.6 million. b of a is out billions and billions and billions and doing just fine. >> that's right. they continue. they have set aside money for this stuff ahead of time. >> shepard: i'm sure they have. gerri willis thanks so much. >> thank you. >> shepard: the supreme court reports it's decided to hear two same sex marriage cases in late march. first up califo
. >> you bet. banks last year had almost $10 trillion in assets. some people say it's unfair. they are only paying 3.3 billion out on this. at the end of the day the office of the comp control irand they are the regulators who put this deal together. they say our new course of action will get more money to more people more quickly and speed recovery in the nation's housing markets. >> shepard: these banks are worth trillions. for them it might be a decent dial. a separate deal with...
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you bet against novak. howard schulz at the 48, 49 level for starbucks. at the same time, yes, it's absolutely true. this is a china play. so you want china to be hitting on all cylinders and not falling double digits. >> amazing this morning how quickly you see a yum, say, tweet or headline, and how quickly the conversation turns to a nike or other companies who are heavily relying on that country. is the situation comparable or not? >> the last nike quarter looked a little better. north america has been very strong. nike has a new shoe coming out. i think you're absolutely right to worry about anything china. but i think that nike is a two-quarter phenomenon. yum is this quarter, and maybe next quarter or the quarter after. china is the big conundrum. because you have to think, well, wait a second, are they picking on american companies? are they picking on us? >> to what extent does that add the unpredictability of the chinese consumer increasing their spending, the idea that that could be fine, but we have to keep in mind that the government might do
you bet against novak. howard schulz at the 48, 49 level for starbucks. at the same time, yes, it's absolutely true. this is a china play. so you want china to be hitting on all cylinders and not falling double digits. >> amazing this morning how quickly you see a yum, say, tweet or headline, and how quickly the conversation turns to a nike or other companies who are heavily relying on that country. is the situation comparable or not? >> the last nike quarter looked a little better....
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. >> you bet. melissa: turkey thumbs its nose with the use moving forward with a multibillion-dollar gas trade with iran. does this give the regime to have a life line to survive u.n. sanctions? >> not south beach. python hunting is what i will do on my vacation. a state python hunt. to stop pythons from decimating the everglades. the star of gnat geowild, says the competition goes to far. he joins us. are you kidding, more money and pythons coming up you know how painful heartburn can be. for fast, long lasting relief, use doctor recommended gaviscon®. only gaviscon® forms a protective barrier that helps block stomach acid from splashing up- relieving the pain quickly. try fast, long lasting gaviscon®. [ male announcer ] how do you make 70,000 trades a second... ♪ reach one customer at a time? ♪ or help doctors turn billions of bytes of shared information... ♪ into a fifth anniversary of remission? ♪ whatever your business challenge, dell has the technology and services to help you solv
. >> you bet. melissa: turkey thumbs its nose with the use moving forward with a multibillion-dollar gas trade with iran. does this give the regime to have a life line to survive u.n. sanctions? >> not south beach. python hunting is what i will do on my vacation. a state python hunt. to stop pythons from decimating the everglades. the star of gnat geowild, says the competition goes to far. he joins us. are you kidding, more money and pythons coming up you know how painful heartburn...
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you can bet we're all over this one. melissa: i know. stay tuned. sounds like the ultimate case of ingratitude. aig's board is meeting to consider joining a big lawsuit against the u.s. government which says aig's controversial $182 billion bailout cheated aig investors. of course there is a lot more to this story. here's liz macdonald with emac's bottom line. >> there is news on this right now at this very hour. reuters is reporting that now the white house is out defending the bailout of aig. what is happening aig is confirming to fox business the board will meet tomorrow to decide whether or not to join hank greenberg. he is former chief of aig, whether whether to join hank greenberg's $25 billion lawsuit against the new york federal reserve which basically says that aig is a victim of the government bailout. the lawsuit is contending that in the process aig sold off $66 billion in assets. that basically aig was ruined and destroyed by government oversears run amok. that aig was overcharged punitive interest rates on $85 billion line of credit. w
you can bet we're all over this one. melissa: i know. stay tuned. sounds like the ultimate case of ingratitude. aig's board is meeting to consider joining a big lawsuit against the u.s. government which says aig's controversial $182 billion bailout cheated aig investors. of course there is a lot more to this story. here's liz macdonald with emac's bottom line. >> there is news on this right now at this very hour. reuters is reporting that now the white house is out defending the bailout...
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navy than to increase the defense budget may be bought some nuclear weapons i prefer the bet that we did make to get the japanese to pay more and i am proud of the fact i was under the secretary for mr. cheney with a $25 million cost we had positive balance of payments. [laughter] and it said heavy diplomacy but we were successful was because the japanese needed as. and it has been there almost since the british abandoned an when saddam invaded kuwait i worry the rebalancing may not be rebalancing moving from the middle east i can understand the desire and spent a good part of my career and one job you did not mention unfortunately the middle east will not leave us alone. americans had victoriously short memories except with war. and hasn't great advantages. we're all better off for at it but we don't like vacations as much as the french do but we love vacations run history. we took one after world war ii animals lost korea as a result. as 36,000 dead two men could not run for reelection so we took a vacation then we had vietnam's more or less we have got in there right that now with
navy than to increase the defense budget may be bought some nuclear weapons i prefer the bet that we did make to get the japanese to pay more and i am proud of the fact i was under the secretary for mr. cheney with a $25 million cost we had positive balance of payments. [laughter] and it said heavy diplomacy but we were successful was because the japanese needed as. and it has been there almost since the british abandoned an when saddam invaded kuwait i worry the rebalancing may not be...
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i prefer the bet we didn't make. i'm in favor of the japanese to pay more. i'm proud of the fact when i was undersecretary for mr. cheney we got them to pay the $55 billion in desert storm. we didn't pay anything. we had a net deposit. one reason we were successful because the japanese needed it. the people in the persian gulf are too weak to manage on their own. they need us. i'm not sure we will be there when they need it us. we have within there ever since the british abandoned them which i think would have been terrible consequences, the fact there's been no serious effort to block energy from those from the persian gulf. it's because we've been there and we were there when saddam hussein invaded kuwait. i worry that the rebalancing may not be a rebalancing and may be a pivot as originally described and we will move from the middle east and, i can understand the desire to leave the terrible part of the world for people making problems there. i spent a good part of my career working in east asia. the one job you didn't mention, i think my favorite which w
i prefer the bet we didn't make. i'm in favor of the japanese to pay more. i'm proud of the fact when i was undersecretary for mr. cheney we got them to pay the $55 billion in desert storm. we didn't pay anything. we had a net deposit. one reason we were successful because the japanese needed it. the people in the persian gulf are too weak to manage on their own. they need us. i'm not sure we will be there when they need it us. we have within there ever since the british abandoned them which i...
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. >> they're going to be waiting and watching for apple earnings before placing their bets on where the next leg could be, don't you think, in apple? >> absolutely. you watch the price action in apple. it's it came down, it went 505, went bow low 500 long term. i like the way it's been holding, making higher lows. 531 this morning, when the earnings announcement comes out, as long as we below 550, i'm going to stay long. >> are you worried at all, joe that, samsung and net glassy pho -- galaxy phone is gaining ground and momentum? >> concerned, i wouldn't say necessarily worried. i do respect and agree with what murph is saying, if we can get a number north of 50, keep in mind the quarter prior 2011 they did 6.7 million. if you extrapolate these numbers, you got a good shot to get to 50 million. if you get that, i think the street has really taken apple ownership from that overweight stance and i think the race in the paint is really towards the up side to get back in again. >> are you guys accepting, pete, of the fact that margins are not going to be exactly as they were, especially wh
. >> they're going to be waiting and watching for apple earnings before placing their bets on where the next leg could be, don't you think, in apple? >> absolutely. you watch the price action in apple. it's it came down, it went 505, went bow low 500 long term. i like the way it's been holding, making higher lows. 531 this morning, when the earnings announcement comes out, as long as we below 550, i'm going to stay long. >> are you worried at all, joe that, samsung and net...
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. >> jennifer: you bet. and up next new state legislatures mean a wave of new state laws some are good and some are bad. we'll talk about that whwhwhwhwhwhwhwhwhwhwhwhwhwhwhwhwhwhwhwhwhwhwhwhwhwhwhwhwhwh >> i think it's brilliant. (vo) first, news and analysis with a washington perspective from an emmy winning insider. >> i know this stuff, and i love it. (vo) followed by humor and politics with a west coast edge. bill press and stephanie miller. >> what a way to start the day. [ ryon ] eating shrimp at red lobster is a fantastic experience. 30 shrimp for $11.99. i can't imagine anything better. you're getting a ton of shrimp and it tastes really good! [ male announcer ] hurry in to red lobster's 30 shrimp for just $11.99! choose any two of five savory shrimp selections like mango jalapeÑo shrimp and parmesan crunch shrimp. two delicious shrimp selections on one plate! all with salad and unlimited cheddar bay biscuits. 30 shrimp, just $11.99 for a limited time. wow, that's a lot of shrimp. i'm ryon stewart
. >> jennifer: you bet. and up next new state legislatures mean a wave of new state laws some are good and some are bad. we'll talk about that whwhwhwhwhwhwhwhwhwhwhwhwhwhwhwhwhwhwhwhwhwhwhwhwhwhwhwhwhwh >> i think it's brilliant. (vo) first, news and analysis with a washington perspective from an emmy winning insider. >> i know this stuff, and i love it. (vo) followed by humor and politics with a west coast edge. bill press and stephanie miller. >> what a way to start...
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i think some people are hedging their bets or holding back and saying, well, is the u.s. going to do this. we have 85% of our outer continental shelf off limits. if the president were to make a big announcement and say, you know what, i'm going to get serious about this, start bringing outer continental shelf, on shore production on federal lands and get that back up to where it's historically been, i think you're going to see a lot of global impact here that people haven't yet totally absorbed and figured out what will happen. >> jack, real quick, if we become the epicenter, as you put it, in terms of the energy world, what would be the impact for the man who fills up at the pump? what would be an impact on prices? >> we think it would be positive. for example, natural gas production today, each consumer saves about $1,000 a year due to lower cost of natural gas in heating bills, home electricity bills. it's estimated that number will double to $2,000 per household over the next three or four years if we can continue to produce natural gas. >> makes up for the 2% tax hik
i think some people are hedging their bets or holding back and saying, well, is the u.s. going to do this. we have 85% of our outer continental shelf off limits. if the president were to make a big announcement and say, you know what, i'm going to get serious about this, start bringing outer continental shelf, on shore production on federal lands and get that back up to where it's historically been, i think you're going to see a lot of global impact here that people haven't yet totally absorbed...
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first up china is betting on solar energy. the country's top economic planning official says china plans to more than double solar capacity this year and to 10 gigawatts solar power capacity. >>> amazon is planning to open a one million square foot fulfillment center in new jersey. the new facility expected to open early next year and it will create hundreds of jobs. we need them. >>> target is pledging to match prices of select online rivals, sorry around the nation's second largest discounter, will match deals customers find on identical products all the time. i think that was year-round. ashley: it was year-round. sandra: gotcha. samsung expects record high fourth quarter profits. the company sate operating profit would be $8. billion and beating estimates up 89% from a year earlier. >>> anheuser-busch is promoting a new buyer at super bowl for the second year in a row. the beer giant pushing budweiser black crown plan. expected to be on sale nationwide january 21st [buzzer] ashley: you made it. sandra: ashley will try it o
first up china is betting on solar energy. the country's top economic planning official says china plans to more than double solar capacity this year and to 10 gigawatts solar power capacity. >>> amazon is planning to open a one million square foot fulfillment center in new jersey. the new facility expected to open early next year and it will create hundreds of jobs. we need them. >>> target is pledging to match prices of select online rivals, sorry around the nation's second...
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. >> you've been very successful where you've placed your bets in europe. looking at hsbc in particular in the financial services arena. why that ver other stocks? >> look, europe had a very good second half of the year. that's coming off a bad 2009. >> the comparisons. >> 2010, 2011. we're only six months into this. european banks will continue to do well. yesterday restrictions to agreements. that will help those stocks. they remain pretty cheap even though they had a nic move. >> put a little risk in your portfolio. >> exactly. >> we'll have you back soon. back to you. >> power rundown. let's get right into it. first up aig paying back $182 billion bailout and launching a thank you america ad campaign. "the new york times" says the insurer may join in a lawsuit against the government claiming the deal was unfair. kayla, it's a gnarly story involving the former ceo there, mr. greenberg and his attorney. the famous one argued bush v. gore, david boyce. what do you think about this one? >> this is involving a former executive not current. the man has done a
. >> you've been very successful where you've placed your bets in europe. looking at hsbc in particular in the financial services arena. why that ver other stocks? >> look, europe had a very good second half of the year. that's coming off a bad 2009. >> the comparisons. >> 2010, 2011. we're only six months into this. european banks will continue to do well. yesterday restrictions to agreements. that will help those stocks. they remain pretty cheap even though they had a...
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are you betting around the world more so than you would in the u.s.? >> this is -- it will be in the u.s., and it will be globally as well. would i say that obviously there are some markets, south korea and japan, which have traditionally led in terms of technology, but the u.s. is doing quite well in terms of technology adoption now in the wireless space. obviously a lot of operating systems are being developed here, so i think the opportunity in the united states is quite strong for that idea of this internet of everything. >> hey, paul, you're a big customer of apple. you have being made over the last six or eight weeks in that stock's performance or lack thereof amid, you know, some concerns about the company's innovation over the long term now that tim cook is running the show over there instead of steve jobs. what would you say to the concerns that apple's best days as an innovator are behind it? >> well, i mean, it's a company of awfully great people, and one guy can't make a company go from being incredibly great to being bad, so i think the ba
are you betting around the world more so than you would in the u.s.? >> this is -- it will be in the u.s., and it will be globally as well. would i say that obviously there are some markets, south korea and japan, which have traditionally led in terms of technology, but the u.s. is doing quite well in terms of technology adoption now in the wireless space. obviously a lot of operating systems are being developed here, so i think the opportunity in the united states is quite strong for...
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i bet the biggest gains will be in the regional banks like the ones we featured so many times on this show. first horizon, the well-run tennessee-based regional, or bb&t which could be a southeastern powerhouse this year. these companies have so many things going for them in 2013, chief of which, though, is the potential for actual revenue growth. we all know that this net interest margin bugaboo will be with us for some time if the fed keep the rates low. i'm predicting here and now the actual construction in small business lending by these banks could back -- could come back at the same time when the banks' investments that are on their balance sheets are resurgent, and the liabilities including the kind that bank of america put behind it today with its offloading of hard mortgages with fannie mae are now in the rearview mirror. i'm thinking liabilities meaning legal liabilities, not the deposits that they owe you. consider this the year when loan growth trumps the scant amount that may actually be made on each loan, although i think that's going to go up, too. overlaid with the pos
i bet the biggest gains will be in the regional banks like the ones we featured so many times on this show. first horizon, the well-run tennessee-based regional, or bb&t which could be a southeastern powerhouse this year. these companies have so many things going for them in 2013, chief of which, though, is the potential for actual revenue growth. we all know that this net interest margin bugaboo will be with us for some time if the fed keep the rates low. i'm predicting here and now the...
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the white house is betting that it will not. they are prepared to put political capital behind this nomination. usually when they do that, they can get their nomination for the process and we will wait to see if that is enough. host: we heard from senator john mccain. what did he have to say? guest: he is being cautious. he is concerned with some of the things that chuck hagel has said and done, especially regarding the israeli-iraq issues but he is not committing to opposing the nomination. john mccain had previously said that chuck hagel is a close personal friend, they are both vietnam veterans and served together in the senate and they do know each other and there is a level of camaraderie and respect. i don't think john mccain and knows what he will do. i think the hearings for chuck hagel and the vetting process in congress and the media will have a big impact on the final results. host: we are asking our viewers this morning to tell us what they think are the foreign policy challenges in 2013. if chuck hagel were to get t
the white house is betting that it will not. they are prepared to put political capital behind this nomination. usually when they do that, they can get their nomination for the process and we will wait to see if that is enough. host: we heard from senator john mccain. what did he have to say? guest: he is being cautious. he is concerned with some of the things that chuck hagel has said and done, especially regarding the israeli-iraq issues but he is not committing to opposing the nomination....
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. >> you bet. but at least it takes people out. i mean, you know, i guess if you don't know that washington is completely dysfunctional by now, then we're not doing a good enough job of getting the message out. i'm just saying that there's a lot of misinformation, as you know, about the debt and what the debt needs and how the united states finances itself. and there are other alternatives in playing gimmicks with coins or taking the real attention away from what needs to be done. there's a lot of debt. there's going to be debt. and you have to really draw the line between what is the budget deficit and what is the large amount of debt in the system. people like to leave off what is on the other side of the balance sheet. those are all the great as etss that go against those liabilities. >> i don't know about washington being dysfunctional. if in two years the country wants to elect, you know, a completely democratic house that will agree with everything that the obama administration wants, then we'll do that and we'll electric mor
. >> you bet. but at least it takes people out. i mean, you know, i guess if you don't know that washington is completely dysfunctional by now, then we're not doing a good enough job of getting the message out. i'm just saying that there's a lot of misinformation, as you know, about the debt and what the debt needs and how the united states finances itself. and there are other alternatives in playing gimmicks with coins or taking the real attention away from what needs to be done. there's...
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i'm betting that too much of our intelligence is tackle. it is focused on who is coming over the next hill in the battlefield. most of our intel assets into afghanistan and iraq. it is a good idea to restore some of our focus in other parts of the world, including asia. as a former policy maker, i would hope this rebalance toward asia will not focus on how we make relationships with china and others more difficult. i would hope it would help to join in the region to create a larger trading relationship and to better understand ways in which we can become close friends with china. i think that will be in everybody's interest and gives us information about leadership changes. better information about other trends will be better and more congruent. host: we have about 10 minutes left with jane harman. now the director of the wilson center. linda from new york is next. caller: good morning. i have a three-part question for jane. changes would you like to see made to our constitution? guest: i'm not recommending any. i would like the equal right
i'm betting that too much of our intelligence is tackle. it is focused on who is coming over the next hill in the battlefield. most of our intel assets into afghanistan and iraq. it is a good idea to restore some of our focus in other parts of the world, including asia. as a former policy maker, i would hope this rebalance toward asia will not focus on how we make relationships with china and others more difficult. i would hope it would help to join in the region to create a larger trading...
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i havele to tell you, i would be willing to bet the farm that the employees of aig this insurance company, were not union workers. you don't know what the hell you're talking about. and by the way, at the time, aig gobbled up that $182 billion. they begged for it. >> they were asking for the money. >> bill: they were on the phone to bush. they were on the phone to the treasury secretary at the time. they wanted that money. they took it. they ran with it. they got back on their feet. thank you america. bill's calling from -- why is there such uninformed idiots out there? go back to bed archie. bill calling from chicago. what do you say? >> caller: bill, i gotta quick laugh after what he said there. the comment i have -- >> bill: always the unions. >> caller: blame them for everything. they're the fault of everything. i was a member of afscme for years and have a great pension. i don't complain about it at all. >> bill: great union. good for you. >> caller: the thick is auto industry got bailed out as well as aig. auto industry is paying back. they did pay back part of the loan. what is the
i havele to tell you, i would be willing to bet the farm that the employees of aig this insurance company, were not union workers. you don't know what the hell you're talking about. and by the way, at the time, aig gobbled up that $182 billion. they begged for it. >> they were asking for the money. >> bill: they were on the phone to bush. they were on the phone to the treasury secretary at the time. they wanted that money. they took it. they ran with it. they got back on their feet....